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Ranking the Most-Beneficial Home Improvement Projects

Appraisal Buzz

Homeowners preparing to sell, as well as those planning to stay put for the long haul, undertake home improvement projects, either to boost the property’s resale value or to increase their at-home quality of life. The post Ranking the Most-Beneficial Home Improvement Projects first appeared on The MortgagePoint.

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DIY projects to increase your home value

Housing Wire

In the past year, there’s been an upturn in home improvement projects. According to a survey completed by Bid-On-Equipment, 89% of American homeowners made some sort of improvement to their homes during the pandemic. With so many American’s spending time at home, this really shouldn’t come as a surprise.

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Homeowners are confident heading into peak selling season

Housing Wire

home sellers believe now is a good time to list their homes. This is driven by their confidence in home values and buyer demand, according to survey results released Monday by Realtor.com. A majority (71%) have researched their homes value, while 61% have looked into values across a neighborhood.

Sellers 286
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Home equity access: How Finance of America bolsters the market with home equity products

Housing Wire

Retirement planning has shifted to longevity planning, making home equity access essential for financial security. Senior-friendly financial products, like those from Finance of America, allow seniors to age in place while leveraging their home value to cover retirement healthcare, daily expenses, and more.

Finance 369
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Homeowners Staying Put Amid Low Housing Supply, Leveraging Home Equity

Appraisal Buzz

In addition to managing debt, many younger homeowners are using home equity instruments to finance improvements and enhance their long-term financial plans. Homeowners of all generations are utilizing HE Loans or HELOCs to take advantage of their increasing equity as home values continue to climb.

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Chase Home Lending announces limited-time refinance rate discount

Housing Wire

As mortgage rates continue to be volatile, our rate sale helps provide relief to customers who entered the housing market when rates were elevated, or help address an immediate cash need, such as for debt consolidation, funding retirement, home improvement, paying off credit cards, etc.,

Lending 312
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Are home updates actually worth it right now?

Housing Wire

Cinch Home Services surveyed over 1,000 homeowners and renters to figure out how important updates are in the homebuying process. And they discovered that a majority of homeowners think upgrading their appliances will increase their home value by almost $14,000. . Certain home improvements are considered “capital improvements.”